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Boomer small business owners retiring could mean golden opportunity for younger Americans

Posted on AllSides April 21st, 2024
From The Right

For years, studies have projected a wave of small businesses will change hands in the U.S. as a "silver tsunami" of aging baby boomer entrepreneurs retire. But the pandemic, high inflation, rate hikes and other economic disruptions and uncertainty have caused jitters for aspiring buyers and sellers alike. Now, evidence shows the great boomer business sell-off is underway, and it is far from over. A study from Forrester last year showed that younger generations, those born in 1980 or later, now make up the majority (64%) of small business buyers...

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